Forging of metal

NACE 25401

Current registrations984

Bankruptcies (5y)19

Historical share1.93%

Nationally, 1.40% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 74% of the 88 NACE divisions. The median bankruptcy probability in NACE division 25 is 0.7%, against 0.5% nationally, over 6,129 scored companies.

Key figures for NACE division 25

fiscal year 2025 · median over 3,602 filed annual accounts

Median solvency

45.8%

higher than 54% of 79 divisions

Median equity

€187k

higher than 61% of 79 divisions

Median net result

€20k

higher than 67% of 79 divisions

Annual accounts in sample

3,602

Regional split

by region · 490 of 984 enterprises with a registered office on file

Flanders 306 · 62.4%

Wallonia 172 · 35.1%

Brussels 12 · 2.4%

Recent bankruptcies in this sector

Date	Company
26-05-2026	Boone-Metaal BE 1021.195.214
29-04-2026	NOKKELE BE 0760.349.049
01-04-2026	MAENE L. BE 0416.062.692
18-02-2026	PN SYSTEMS BE 0667.514.309
02-01-2026	Lenaerts Group BE 0740.486.023
31-10-2025	Pirard, Lionel BE 0844.191.394
26-09-2025	Robin Lemaire BE 0607.948.389
23-06-2025	Labat, Laurent BE 0840.095.323

Geographic distribution

by province · based on the establishment address

West Flanders WVL 73

East Flanders OVL 59

Antwerp ANT 95

Flemish Brabant VLB 34

Limburg LIM 45

Brussels BRU 12

Hainaut HAI 41

Walloon Brabant WBR 21

Namur NAM 30

Liège LIE 68

Luxembourg LUX 12

fewer moremax 95

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2025 nomenclature, the one in which code 25401 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The key figures cover the whole NACE division 25, not NACE 25401 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.